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Lazard LAZ Asset turnover

Asset turnover at other companies

Jefferies Financial Group logo
Jefferies Financial GroupJEF
0.1×0.0×
Goldman Sachs Group logo
Goldman Sachs GroupGS
0.0×
Morgan Stanley logo
Morgan StanleyMS
0.1×0.0×
Houlihan Lokey logo
Houlihan LokeyHLI
0.6×0.0×
Evercore logo
EvercoreEVR
1.2×+0.2×
PJT Partners logo
PJT PartnersPJT
1.2×+0.1×

Other financials

Income statement

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Revenue$756.6M+16.7%
Operating income$89.6M+63.9%
Net income$100.9M+67.1%
EPS (diluted)$0.91+62.5%

Balance sheet

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Cash & equivalents$1.0B+12.3%
Total debt$2.2B-1.4%
Total equity$881.3M+46.1%
Total assets$4.2B+0.2%

Cash flow

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Operating cash flow-$219.3M-0.8%
CapEx$2.2M-84.2%
Free cash flow-$221.5M+4.3%

Valuation

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Market cap$4.36B+2.5%
Enterprise value$5.5B-0.9%
P/E15.7×+1.7×
P/S1.4×-0.1×

Profitability

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Operating margin11.3%-1.9pp
Net margin8.6%-1.7pp
FCF margin15.5%-3.7pp

Returns & leverage

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Return on equity37.4%-23.8pp
Debt / equity2.5×-1.2×

Where this comes from

Calculated from Lazard’s reported figures.

Based on trailing twelve months.

The official record: Lazard’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lazard's asset turnover?
Lazard (LAZ) reported asset turnover of 0.8× in Q1 2026.
How has Lazard's asset turnover changed year-over-year?
Lazard's asset turnover increased by 13.7% year-over-year, from 0.7× to 0.8×.
What is the long-term trend for Lazard's asset turnover?
Over 5 years (2020 to 2025), Lazard's asset turnover has grown at a 7.6% compound annual growth rate (CAGR), from 0.4× to 0.6×.
What does asset turnover mean?
Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.